Senior Underwriting Manager

Senior Underwriting Manager

More information about this job

Overview

Are you a skilled credit Underwriter with an ambition to play a key role in the building of a new business?

Are you seeking an opportunity to grow and develop within an innovative organization and work in a start-up environment?

Join the Arch LMI operations team as Senior Underwriting Manager and be instrumental in supporting and delivering quality underwriting for our growing business.

Arch LMI is actively seeking a Senior Underwriting Manager who will provide support and input in establishing strategies to achieve company growth, profitability and risk quality objectives in the credit underwriting space. The successful individual will work closely with the business locally as well as customers, to successfully develop, monitor and enhance the operational processes and efficiencies of underwriting.

The ideal candidate will have previously worked in financial underwriting, preferably within a credit or lending institution. Successful applicants will have a robust knowledge of residential mortgage loan products in Australia, strong understanding of mortgage loan origination, underwriting and servicing practices, knowledge and experience in credit risk mitigation techniques, solid understanding of loan level mortgage insurance products, and understanding of pre-transaction and post-underwriting due diligence and audit standards.

Success in this role will require you to be comfortable working in a matrixed business environment and have knowledge and skills typically acquired through an undergraduate degree in business, economics or finance and 7 years related experience, or a Graduate degree with related experience.

Provide underwriting support to the negotiation of the Master Policy with Lenders.

Qualifications

Required Experience and qualifications:

A background in credit or related financial industry is preferred

Broad understanding of credit underwriting regulation and best practices

Bachelor’s Degree in business, economics or finance (or equivalent in experience) with 7+ years or related experience.

The Senior Underwriting Manager reports directly to the local Chief Operating Officer with accountability for management of an underwriting team.

About Our Company

Arch LMI is the Australian-based division of Arch MI, an international mortgage insurer. Arch MI is part of the Arch Capital Group Ltd., a leading insurance and reinsurance company operating through its subsidiaries worldwide. Based in Sydney CBD, our company is committed to our employees and our customers. We offer competitive compensation, valuable benefits, professional development and a culture that supports and encourages teamwork, collaboration and innovation. If you are interested in joining a dynamic company and working with a team of motivated, high calibre people, send your resume today and come grow with us!